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20121218
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dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest host ken langone. you're very critical of high-frequency trading saying it benefits the few at the expense of many. why in. >> that's correct. you have a very few number of constituents, and this is very much of a zero sum game, and they make their money at the expense of all of those folks who are investors who invest in the mutual funds and the pension funds, and the most important thing that we need to reinstill in this country is investor confidence. >> yeah. >> unfortunately, all of the major blow ups, recently the flash crash, facebook or the knight fiasco are interrelated with high-frequency trading. >> that's a good point
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